Connect with us

Hi, what are you looking for?


S Korea, Iran regulators enter MoU

The Central Bank of Iran and the Korea Development Bank has signed a memorandum of understanding with an aim to boost banking ties. The memorandum was signed CBI foreign exchange affairs deputy governor Gholamali Kamyab and Lee Dong-Geon of KDB. Gholamali Kamyab expressed hope that cooperation with the KDB will help develop trade between Tehran and Seoul. Boosting banking relations between the two countries is necessary for the joint investments, he said. Iran expanded ties with east Asian countries when western countries imposed sanctions against the Islamic republic, and Tehran is committed to developing relations with them in the post-sanctions era, he added.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PR Newswire

Copyright © Glocal Infomart Pvt Ltd. All rights reserved. Usage of content from website is subject to Terms and Conditions.